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write my assignment 3667

WACC + 2

The Cuba project is considered to be “High risk”. 

Given all of the information provided in this case:

(Show your work, calculations, and explain your answers well)

  •  What is the firm’s current Weighted Average Cost of Capital (WACC) at its current capital structure.
  •  Capital Structure theory addresses finding a firm’s optimal capital structure. How do you determine the optimal capital structure?
  •  What is the SOCP’s optimal capital structure (Complete the Cost of Capital & Capital Structure worksheet)?
  •  Define Hurdle rate. Based on SOCP’s current capital structure, what is the appropriate Hurdle Rate for the Cuba project? 

 

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write my assignment 19385

Complete 5 page APA formatted essay: The Adventures of Huckleberry Finn Culture Study.

It is still regularly in the news bulletins as different schools and their systems all over the United States have either banned it or restored it in their teaching spaces. The Adventures of Huckleberry Finn has for a long time been perceived as Mark Twain’s masterwork and a classic American literature and was the first critical American work that departed from European literary models. The book utilized borderline humor, vernacular speech as well as an uneducated young narrator in the portrayal of life in America. Even though the novel was initially plainly condemned as being inappropriate for the well-mannered readers, it ultimately found an outstanding place in the canon of American literature. The book is recognized for its intriguing description of people and places that are located along the Mississippi River. The Book is set in the Southern antebellum society which had stopped existing almost twenty years prior to the publication of the work and is often a sarcastic account of ingrained attitudes especially racism. The book had been criticized when it was released as it contained coarse language and its contentiousness increased in the twentieth century because of its apparent use of racial typecasts as well as its frequent usage of racial slur regardless of the tenor of the book being considered anti-racist. Continually popular with the readers, the book has also remained a focus of study by numerous literary critics since it was published. The book dwells on ideas of associated with race and identity which are obvious complexities that exist in regard to Jim’s character (Stecopoulos and Uebel 366). Even though it can be concluded that Jim is good at heart, ethical and unintelligent, the novel has continued to be perceived as racist based on the use of the word “nigger”.

 

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write my assignment 9973

Data Flow Diagram (both context and level-1) based on the following requirements. Use Visio and submit your file via the designated Dropbox folder.

Miss Jane’s Supermarket has a membership program and every shopper needs to provide membership number when buying groceries. When a shopper enters the check-out counter, the cashier enters the membership number provided by the shopper into the POS system, and then the system displays the name and contract information to the shopper. The cashier starts scanning products, and the system reads the barcodes of the products. The product information is read by the system based on data stored in a product file. The system displays a summary of products to the shopper. When the shopper swipes either a debit or credit card, the system verifies the card information by connecting to an external credit/banking verification system. Purchases made are stored in a file to be used in printing the receipt. After a purchase has been made a receipt is produced and given to the shopper.

 

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write my assignment 28067

Question 1 Planning, analytics and risk assessment (30 marks)

You are planning the 31 December 2017 audit of Homeware Central Pty Limited (HWC), a company that runs a chain of home wares retail stores in the eastern states. ASIC require this company to provide audited General Purpose Financial Statement.

Using the company’s financials as well as your understanding of HWC under ASA315, you have compiled the following preliminary information:

Ratio2017

2016

2015

2014

2013

Current ratio2.80

2.26

2.51

2.43

2.50

Quick ratio0.97

1.34

1.82

1.76

1.64

Times interest earned2.50

3.20

4.10

5.30

7.10

Accounts receivable turnover4.20

5.50

4.10

5.40

5.60

Days in receivables86.90

66.36

89.02

67.59

65.18

Inventory turnover1.80

1.84

2.68

3.34

3.36

Days in inventory202.77

198.37

139.19

109.28

108.63

Net sales divided by tangible assets0.60

0.64

0.73

0.69

0.67

Profit margin0.10

0.13

0.16

0.15

0.14

Return on assets0.08

0.09

0.12

0.10

0.09

Return on equity0.04

0.06

0.10

0.10

0.11

The business environment

HWC import all their products, primarily from India, the Middle East and South America. Some items are sourced from Africa and China. The company operates in a low gross margin environment, which typically means that large sale volumes are required to cover overhead costs and generate profits. It also means that overheads need to be kept under control to ensure that a net profit results from its operations.

The company did not reach industry benchmarks with regard to profitability in the previous year. To do better in the current year, they planned to keep its costs down in relation to sales while allowing its gross margin to drop, evidently planning to generate a larger volume of sales.

The company also planned to improve its working capital management by reducing levels of inventory and accounts receivable. It budgeted for a drop in debt levels, indicating that it expected to produce a healthy cash flow to enable it to do so.

Required

(a)   From the above information what conclusions could you tentatively draw about the company’s future (6 marks)

(b)   Based on ratios and the background material provided, identify three (3) key account balances that could be at risk of material misstatement, and would require special attention during the audit. Justify your choice and indicate if the accounts identified are likely to be over or understated. (9 marks)

(c)    For each of the three account balances at risk identified in (a) above, identify and justify the two key assertions at risk.   (9 marks)

(d)   To help in your assessment of the company’s financial condition, what additional information would be useful? Please explain your choice. (6 marks)

 

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